Here you will find news, views, events and information relating to real-estate in Spain.
The average price of rental housing in Spain fell by 0.4% in July. The average now stands at 8.08€ m²/month. This monthly decrease breaks the trend of recent months which saw costs steadily rising. The current average price takes us back to November 2010 when the rental average was 8.10€ m²/month. “Today, renting a flat Continue Reading
According to the bi-annual rental price report prepared by piso.com, the average rental property in Spain has an average surface area of 112 m² with an average monthly rate of 705 euros. This figure represents a monthly increase of 0.57%, a quarterly increase of 4.44%, a semi-annual increase of 6.02% and year-on-year growth of 12.08%. Continue Reading
Average rental costs in Spain increased by 1.3% in May, when compared to the previous month. The average price now stands at 8.14€ /m² per month, according to the latest data from fotocasa. This is only the second month since 2011 to see an average price over 8€ /m² per month. As with April, we Continue Reading
The average cost of renting a home in Spain increased by 1.4% in April, to stand at 8.04€ p/m² p/month, according to the latest data from fotocasa. This is the first time since 2011 that the average cost has exceeded 8€. Even more significant is the annual variation. Compared to April 2016 the price has Continue Reading
The price of rental property in Spain increased by 8.8% during the first quarter of 2017. The average price of rental property now stands at 8.9€ per square metre, per month. According to research from idealista, the increase in rental costs is being driven by increased demand. The demand is being led by two distinct Continue Reading
The OECD (the Organisation for Economic Co-operation and Development) says Spanish families who rent their home spend a larger proportion of their income to pay the rent than any other country. According to the institution, 36% of Spanish families who rent have to spend two euros in five (40%) of their total household income to Continue Reading
The average homebuyer in Spain is 38 years old, and in 51% of cases, has a permanent contract in the private sector, according to a study from online property portal fotocasa. The study also reveals that in 53% of cases, the purchase of a property is led by a woman, with men making the decision Continue Reading
The national average rental cost in Spain was 629 euros per month in June, according to the latest data released by property portal pisos.com. The monthly increase, over May 2016, was very slight at 0.55%. The report puts the quarterly increase at 2.78%, while the annual rate was higher at 5.95%, when compared to June Continue Reading
On average, Spanish households spend 23.58% of their annual income on paying a mortgage or rent. The report, compiled by online property portal Pisos.com, is based on the latest Household Budget Survey carried out by the National Statistics Institute (INE). According to the report, those who rent a property require a larger percentage of their Continue Reading
Property portal Fotocasa have released data showing that the average price of rental property in Spain increased by 3.1% in the first quarter. Compare this to the data released last week by Idealista which also suggested an increase, but slightly higher at 4.3%. Renting one square metre now costs an average of 7.24€ per month. Continue Reading
